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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 31, 2022 (August 30, 2022)

 

 

MJ Holdings, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada   000-55900   20-8235905
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)

 

2580 S. Sorrel St., Las Vegas, NV 89146

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code:

(702) 879-4440

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value per share   MJNE   OTCQB

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On August 30, 2022, the Company issued a press release announcing that the Company had planted its first seeds at its Amargosa Valley Farm. The press release is filed as Exhibit 99.1 to this Current Report.

 

The foregoing is being furnished pursuant to Item 7.01 and will not be deemed to be filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise be subject to the liabilities of that section, nor will it be deemed to be incorporated by reference in any filing under the Securities Act.

 

Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press release dated August 30, 2022
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  MJ HOLDINGS, INC.
   
Date: August 31, 2022 By: /s/ Roger Bloss
    Roger Bloss
    Chief Executive Officer

 

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Exhibit 99.1

 

 

MJ Holdings Inc. Plants First Seeds at Amargosa Valley Farm

 

Las Vegas, Nevada August 30th, 2022 — MJ Holdings Inc. (OTCQB: MJNE), a highly diversified, publicly traded, cannabis holding company, is excited to announce that the first seeds have been planted at the Amargosa Valley farm.

 

Located in Amargosa Valley Nevada, our farm of 260 acres in which 100 acres is approved under the current special use permit for Cannabis, is an environmentally friendly, self-sustainable cannabis farm, with a focus on renewable energy. In this first phase of growing, we will include 4,000 plus seeds in our current approved growing structures. Among the first strains being grown is the Amsterdam classic, sativa-dominate, Amnesia Haze.

 

“The team and I are excited to be able to get the first seeds into the ground. We have put in hundreds of hours of hard work preparing our greenhouses for cultivation”, said Tom Valenzuela, Director of Construction & Farm Operations at MJ Holdings Inc.

 

New features implemented include a wet wall to keep the plants cool (controlled temperature), mesh greenhouse around the plants (sunlight control), and soil pots instead of growing directly on the ground for various reasons.

 

About MJ Holdings, Inc.

 

MJ Holdings Inc. (OTCQB: MJNE) is a highly diversified, publicly traded, cannabis holding company headquartered in the greater Las Vegas area. MJ Holdings currently provides cultivation management, licensing support, production management and asset and infrastructure development.

 

Safe Harbor

 

The information provided in this press release may include forward-looking statements relating to future events or the future financial performance of the Company. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “anticipates,” “plans,” “expects,” “intends,” “will,” “potential,” “hope” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon current expectations of the Company and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements because of various risks and uncertainties. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release relating to the Company may be found in the Company’s periodic filings with the Securities and Exchange Commission, including the factors described in the sections entitled “Risk Factors”, copies of which may be obtained from the SEC’s website at www.sec.gov. The parties do not undertake any obligation to update forward-looking statements contained in this press release.

 

Company Contact:

Roger Bloss, Chief Executive Officer

roger@mjholdingsinc.com

(702) 879-4440